IELTS Essay: Online Transfers

Vocabulary Answers

For extra practice, write an antonym (opposite word) on a piece of paper to help you remember the new vocabulary:

increasing number of individuals today take advantage of online applications more people now pay online

transfer send money

various businesses different companies

largely positive development mostly good

greater potential for fraud more of a chance of tricking people

particularly among less internet-savvy segments of the population especially with groups that don’t understand technology that well

oppose are against

point out argue

potential dangers possible risks

chance possibility of

password what you input to get into your account

exposed to hackers vulnerable to online criminals

transaction exchanging money

fraudulent criminal, fake

senders people who are transferring the money

make a mistake in how much money is transferred make errors when sending money

avoid not deal with

complications intricacies

older users people who are older

particularly vulnerable to fraud especially likely to be cheated

retired citizens fall victim people who don’t work any more taken advantage of

identity theft stealing someone’s private information

opening phishing emails clicking open emails that try to trick you

naively clicking on the links inside innocently opening the sites inside

unable to recover their money afterwards can’t get their money back

cybercrime online illegal acts

complex complicated

international problem global issue

tremendously convenient for the vast majority very easy for most people

In the past in the years before

make a trip to the bank go to the bank

wait in line stand around waiting to talk to a teller

fill in various forms write documents

allow for greater flexibility make it possible to do more

transfer sums to multiple parties send money to different people

monitor their transactions watch how their money is being sent

cancel them or ask for refunds void or ask for your money back

keep their own records with ease keep track of their own transfers

features benefits, applications

previously require additional trips in the past need to go there in person

with a physical bank actual location

In the aggregate combined

a significant factor for big element

the main reason online banking has become the de facto norm in recent years primary cause of the advent of online transfers is now what is normally done

mindful of aware of

clearly beneficial technological advancement definitely good innovations

There is little doubt that not much chance that

pervasive very common